Addressing the CPP meeting in the absence of his mother Sonia Gandhi, who is indisposed, the Congress Vice President described the Prime Minister as being "a prisoner of his own image" and alleged that Modi was inflicting "tremendous suffering" on the people to protect his own persona.
Excerpts of his speech in the central hall of Parliament were later aired by television channels though such meetings are generally out of bounds for the media.
"We never gave India a Prime Minister who bypassed the experience of those sitting in the institutions. The country has suffered tremendous damage as a result of the vanity and incompetence of our PM," he charged.
"The Congress never gave India a Prime Minister who was a prisoner of his own image. We never gave India a Prime Minister who was ready to inflict such tremendous suffering on the people of India to protect his own persona. We never gave India a Prime Minister who based his entire policy making strategy on TRPs.
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Accusing Modi of single handedly declaring a war on the world's fastest growing economy due to the "catastrophic experiment" of demonetization which is "badly conceived and incompetently implemented", he said its results will soon be revealed to the entire world.
"Every economist of repute has already condemned it and questioned its capacity to realize the goals it is supposed to achieve. Modiji has created a massive new corrupt black market that is working overtime to convert the black money to white," he charged.
"All cash is not black money and all black money is not cash," he said, adding that instead of attacking black money, he attacked the very foundations of the country's economy.
Gandhi also accused Modi of sitting silently when Kashmir is burning and said he has "gifted massive political space" to anti-India forces by forging an alliance with PDP.
Rahul also targeted the Prime Minister over his policy towards Pakistan and said he is the same person who used to ridicule UPA's Pak policy that led to isolation of Pakistan and brought peace to Kashmir.
Accusing the Government of getting itself into a "complete mess" with regards to Pakistan, the Congress leader said, "Their policy on Pakistan is a complete failure".